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£625,000

Durnford Street, Plymouth, PL1

  • 5 beds
Detached house

£625,000

  • 5 beds
Detached house
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Estimate monthly mortgage payment:

£2,853 per month

Minimum deposit amount:

£31,250
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Welcome to this exceptional opportunity for investment at the renowned Durnford Street, Stonehouse, where luxury meets revenue in this Georgian freehold terraced townhouse. This distinguished property, arranged as three flats, beckons astute investors with its unique layout and promising returns.

Boasting a total of 5 bedrooms spread across the three separate living spaces, this property presents a flexible arrangement catering to diverse lifestyles. On offer are a one bedroom basement apartment, a two bedroom maisonette at ground and first floor, and a further two bedroom duplex apartment on the upper levels. The redesign of the ground floor maisonette, currently undergoing extensive modernisation, promises to elevate its appeal to match the standards set by the other two apartments, with completion imminent.

Moreover, the allure of this property extends beyond its interiors. A spacious parking area at the rear, accessed conveniently from the rear service lane, provides ample parking space for residents and visitors alike. Ideally positioned to access a plethora of local amenities, including the vibrant Royal William Yard with its array of entertainment options, restaurants, and shops, this property embodies convenience at every turn.

Staying true to its location on the Stonehouse Peninsular, residents have exclusive access to the prestigious Stonehouse Lawn Tennis Club and captivating waterfront views that encapsulate the essence of Plymouth's allure. Additionally, considering the promising short-term let income projection of £70,000 for 2025 as advised by the current owners, this property stands as a lucrative investment opportunity .

For those seeking the perfect blend of elegance and financial gain, this property at Durnford Street is a rare find. Do not miss this chance to own a piece of history and secure your investment future. Contact us today to explore this remarkable property further and unlock a wealth of possibilities. Act now, and secure your stake in this exceptional property.

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£2,853 per month
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Stamp Duty tax
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£10,000
Mortgage and legal costs:
£999
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